Sensors to benefit from shift to better automation
June 26, 2012 // Nick Flaherty
New and expanding applications, coupled with the shift to enhanced automation processes and controls, are restoring growth to the global market for proximity and displacement sensors according to new figures from Frost & Sullivan
The report - Analysis of the Proximity and Displacement Sensors Markets - finds that the market for inductive, photoelectric, capacitive, magnetic, ultrasonic and LVDT sensors reached $2.427.5bn in 2011 after negative growth rates in 2009 and estimates the marke to reach $3.048bn in 2018.
“The need for better automation is expected to allow for the conversion from older and less sophisticated controls to state-of-the-art automation,” said V. Sankaranarayanan, Senior Industry Analyst at Frost & Sullivan. “As a result, the number and range of sensors used in equipment is increasing.”
Due to the rising sophistication in manufacturing processes, end-users are demanding more functionality from proximity sensors. Advanced network technologies (CompoNet and IO-Link) and diagnostic capabilities are some of the technical advancements that are also anticipated to boost market prospects.
Growth in mature markets such as Western Europe and North America is expected to be slow. The potential for further growth is limited, as most industrial processes are already using proximity and displacement sensors. In contrast, Asia is becoming progressively more important due to surging production and automation.
“Production in emerging economies, such as China and India, is becoming increasingly automated,” said Sankaranarayanan. “Robust economic growth in these regions is expected fuel the demand for proximity and displacement sensors.”
Proximity sensors find application in almost every industry due to the importance of feedback, underlining the widespread consumer demand for them. In addition to China and India, growth opportunities are also surfacing in other smaller Asian countries that have embarked on a path of economic development.
Keys to success will be emerging network technologies, solutions instead of products, regional growth markets and a successful distribution strategy.
“It is important to offer more than just a sensor; market participants will have to focus on providing complete solutions,” said Sankaranarayanan. “Price pressures will continue to pose a challenge, so vendors will need to constantly advance on the technological front.”
Oscilloscope engine plugs into portable Apple products
September 30, 2014
This month, Oscium is giving away three of its iMSO-204L dual analogue iOS oscilloscopes, worth USD400 each. Designed with ...
BMW joins forces with Baidu for automated driving
Self-tuning acoustic-ready chip increases audio focus
16nm FinFETs boost ARM's 64-bit big.LITTLE
X-ray imaging reveals path to extending battery lifetimes
Electron innovation prolongs power in mobile devices
September 30, 2014
Researchers from The University of Texas at Dallas have created technology that could be the first step toward wearable computers ...
What Is Digital Power System Management?
Qualcomm increases share of smartphone processor market
Aggregating disparate data protocols from IoT
- Solutions for Millimeter Wave Wireless Backhaul
- Enter Linduino
- A Novel Approach to Industrial Rectifier Systems
- Putting FPGAs to Work in Software Radio Systems Handbook
InterviewCEO interview: AMS' Laney on driving a sensor-driven business
Kirk Laney, CEO of Austrian mixed-signal chip and sensor company AMS, wants to leverage the opportunity that technology affords to create new markets for sensors and sensor interfaces.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Oscium is giving away three of its iMSO-204L dual analogue iOS oscilloscopes, worth USD400 each. Designed with native Lightning compatibility, the iMSO-204L transforms the iPad, iPhone, and iPod touch into an ultra-portable, two-channel oscilloscope.
Since Apple changed its connector, Oscium has been working to bring native compatibility to its customers. The third generation...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.